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In his famous book titled “The Old Man and The Sea”, US writer Ernest Hemingway said, “But man is not made for defeat. A man can be destroyed but not defeated.”
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The passing of Khondkar Ibrahim Khaled will create a vacuum in the country’s financial industry for he was outspoken when it came to raising a bold voice against scammers in banks.
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At a time when raising voice against financial scammers is challenging given the immense influence enjoyed by the vested quarter, Khondkar Ibrahim Khaled took a bold stance against swindlers in the banking sector. He became a torchbearer by way of giving his valuable recommendations to protect financial institutions from delinquent borrowers.
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The High Court yesterday came down heavily on a section of Bangladesh Bank officials over their alleged links with financial scams involving People’s Leasing and Financial Services Ltd (PLFSL), a non-bank financial institution.
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The chairman of a non-banking financial institution, central bank officials, and an audit firm are giving different statements about a scam involving Tk 6.5 crore.
